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  • July 23, 2014
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  1. News - World - UNITED STATES

    Billionaire Bill Koch wins fake wines case

    Posted Apr 13th 2013, 12:00am by AFP

    ... Agence France-Presse in New York Billionaire wins lawsuit over fake top-label wines A US billionaire has won a court case in which he complained that wines costing thousands of dollars a bottle were phony. Bill Koch sued businessman Eric Greenberg over what he said was a batch of fake wine in a US$3.5 million purchase he made at auction. The jury in a US federal court agreed ...

  2. News - China

    China Digest, December 17, 2012

    Posted Dec 17th 2012, 12:00am by MANDY ZUO

    ... hospitals in Beijing and is still recruiting. Guangdong Billionaires in decline The number of billionaires in Guangdong has continued to fall over the past two years, the Guangzhou Daily reports. In this year's list of 1,000 billionaires by China Business News, 188 were from Guangdong, down from the 211 last year, and 215 in 2010. Despite the declining total number, Guangdong remains the biggest ...

  3. 49 new billionaires join ranks of super rich amid IPO frenzy

    Posted Oct 29th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai The initial public offering bonanza and surging stock prices helped the mainland to produce 49 more billionaires this year, with Wahaha Group chairman Zong Qinghou crowned as China's richest man, according to Forbes magazine. The number of billionaires on the mainland jumped to 128 from 79 last year. The 400 super rich that made the China rich list own ...

  4. News - World - FLIGHT MH17

    Russian billionaires fear more sanctions over downing of MH17

    Posted Jul 21st 2014, 11:12pm by BLOOM

    ... Bloomberg in Moscow Russia's mega-rich say sanctions could cripple nation unless Vladimir Putin moves to end the Ukraine conflict in aftermath of MH17 tragedy Billionaires fear cost ... to say so publicly. One Russian billionaire warned that if Putin doesn't move to end the war in Ukraine after last week's downing of a Malaysia Airlines jet in rebel-held territory, he ...

  5. News - World - UNITED STATES

    Billionaire battles surfers in court over access to northern California beach

    Posted Jul 17th 2014, 08:58pm by BLOOM

    ... Bloomberg in Redwood City, California Case hinges on whether locked gate on tycoon's California property is a form of development Billionaire battles surfers in court over access to beach Billionaire Vinod Khosla, the co-founder of Sun Microsystems, is making a last stand to block public access to a northern California beach on a 22 hectare plot he bought for US$32.5 ...

  6. Comment - Blogs

    How spreading the wealth around helps communities and legacies

    Posted Apr 10th 2013, 09:42am by Anna Healy Fenton

    ... But the region’s billionaire set is anything but young. The average age of the 25 Indonesian tycoons on the 2013 Forbes Billionaires List is 66. Hong Kong’s richest don’t look much better. Li Ka-shing, ... but neither are spring chickens, and Cheng Yu-tung at $16bn (HK$124 billion) is 87. You get the general drift. The average age of Japan’s billionaires is 68 years, in sharp contrast with a bevy of 30 ...

  7. News - China - FRAUD CASE

    Self-made Chinese billionaire's suspended death sentence changed to life in prison

    Posted Jul 11th 2014, 04:01pm

    ... Andrea Chen andrea.chen@scmp.com Wu Ying, a Zhejiang businesswoman, was originally sentenced to death in a 770 million yuan fraud case in 2009, but has fought with appeals every step of the way A mainland self-made billionaire convicted of illegally raising funds through fraud was granted a commutation on Friday morning that changed her two-year suspended death sentence to life ...

  8. News - World - LUXURY

    Growing number of global billionaires fuels surge in demand for Rolls-Royce

    Posted Jul 09th 2014, 08:22pm by AP

    ... Associated Press in London Growing number of billionaires contributes to 33 per cent surge in sales of the British-made motoring legend- now owned by Germany's BMW High-rollers fuel ... year is explained not just by the cars' standard plush leather seats and gleaming paintwork. It is also due to the rising number of billionaires worldwide. A Forbes survey says ...

  9. What Makes Hong Kong So Billionaire-Friendly

    Posted Jun 11th 2014, 10:01am by Jeannie Mark

    ... Jeannie Mark If you are a business student and are considering entrepreneurship, Hong Kong is the place to be. Nobody could have predicted that Hong Kong would eventually become the backbone of this British colony established in 1842, but it did. This sma ...


    Billionaire Elon Musk unveils Dragon V2, destination the International Space Station

    Posted May 30th 2014, 12:15pm

    ... Associated Press in Los Angeles Billionaire Elon Musk has taken the wraps off a spacecraft designed to ferry up to seven astronauts to the International Space Station. The unveiling of the cone-headed craft dubbed Dragon V2 took place at the Southern California headquarters of Musk’s company, SpaceX. Musk calls the new spacecraft a big leap forward in technology. SpaceX is one ...




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